During periods of a sharp contraction in economic activity, house prices either remain flat or decline slightly. KBA says current trend is an indicator buyers are skeptical about buying houses in the current climate

Apartments maintained dominance in the housing market accounting for 62.6% of the total units sold between January and March 2019 down from 76.3% of the total units sold between October and December 2018,   the Kenya Bankers Association House Pricing Index (KBA-HPI) shows. This represents a...